Removal of Directors.-A director may be removed
before the expiration of his period of office by an ordinary resolution
passed at a general meeting, notwithstanding anything in the articles
or in any agreement between him and the company. Special notice(11)
must be given of any resolution to remove a director or to appoint
another
director in his place. The director concerned is entitled to have
his representations in writing sent to the members of the company
and also to be heard on the resolution at the meeting. His removal
in this way does not prevent him from suing the company for breach
of contract or taking any other remedy open to him (s. 184).

REMUNERATION OF DIRECTORS
Directors are not servants of the company, but managers or controllers
of the company's affairs. Accordingly they have no claim for payment
for their services in the absence of an agreement that they shall
be paid. (12) Payment of remuneration, however, is usually provided
for in the articles. Table A, Art. 76, provides:
" The remuneration of the directors shall from time to time
be determined bv the company in general meeting. Such remuneration
shall be deemed
to accrue from day to day. The directors may also be paid all travelling,
hotel and other expenses
properly incurred by them in attending
and returning from meetings of the directors or any committee of
the directors or general meetings
of the company or in connection with the business of the company."

If remuneration is voted to the directors, it constitutes a debt
due from the company and is consequently payable not only out of
profits,, but also out of capital. (13) A clause in the articles
that the directors shall receive a certain sum as remuneration,
although it cannot be directly enforced against the company, is
binding if the directors have accepted office on the footing of
the articles.

Ex parte Beckwith, [1898] 1 Ch. 324. The articles provided that
the remuneration of the board of directors " shall be an annual
sum of £1,000 to be paid out of the funds of the company." Held,
as the directors accepted office on the footing of the articles,
the clause as to their remuneration was embodied in the contract,
and,
on the company going into liquidation, the directors were
entitled to prove as ordinary creditors for their fees.

A director
is not entitled to his travelling expenses to attend board' meetings,
in the absence of an express provision in the
articles.
Young v. Naval, &c., Socy., [1905] 1 K. B. 687. The articles
provided that each director should be paid £200 a year, and
that the company should pay all costs and

travel books:
where is HTML
where is HEAD
where is TITLE Removal of Directors.-A director may be removed before what is expiration of his period of office by an ordinary resolution passed at a general meeting, notwithstanding anything in what is articles or in any agreement between him and what is company. Special notice(11) must be given of any resolution to remove a director or to appoint another director in his place. what is director concerned is entitled to have his representations in writing sent to what is members of what is company and also to be heard on what is resolution at what is meeting. His removal in this way does not prevent him from suing what is company for breach of contract or taking any other remedy open to him (s. 184). REMUNERATION OF DIRECTORS Directors are not servants of what is company, but managers or controllers of what is company's affairs. Accordingly they have no claim for payment for their services in what is absence of an agreement that they shall be paid. (12) Payment of remuneration, however, is usually provided for in what is articles. Table A, Art. 76, provides: " what is remuneration of what is directors shall from time to time be determined bv what is company in general meeting. Such remuneration shall be deemed to accrue from day to day. what is directors may also be paid all travelling, hotel and other expenses properly incurred by them in attending and returning from meetings of what is directors or any committee of what is directors or general meetings of what is company or in connection with what is business of what is company." If remuneration is voted to what is directors, it constitutes a debt due from what is company and is consequently payable not only out of profits,, but also out of capital. (13) A clause in what is articles that what is directors shall receive a certain sum as remuneration, although it cannot be directly enforced against what is company, is binding if what is directors have accepted office on what is footing of what is articles. Ex parte Beckwith, [1898] 1 Ch. 324. what is articles provided that what is remuneration of what is board of directors " shall be an annual sum of £1,000 to be paid out of what is funds of what is company." Held, as what is directors accepted office on what is footing of what is articles, what is clause as to their remuneration was embodied in what is contract, and, on what is company going into liquidation, what is directors were entitled to prove as ordinary creditors for their fees. A director is not entitled to his travelling expenses to attend board' meetings, in what is absence of an express provision in what is articles. Young v. Naval, &c., Socy., [1905] 1 K. B. 687. what is articles provided that each director should be paid £200 a year, and that what is company should pay all costs and 11 Twenty-eight days (s. 142). 12 YVoolf v. East Nigel Co. (1905), 21 T. L. R. 660. 13 Lundy Granite Co. (1872), 26 L. T. 673.
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where is strong CHAPTER 11
DIRECTORS
where is p align="justify" Removal of Directors.-A director may be removed
before what is expiration of his period of office by an ordinary resolution
passed at a general meeting, notwithstanding anything in what is articles
or in any agreement between him and what is company. Special notice(11)
must be given of any resolution to remove a director or to appoint
another
director in his place. what is director concerned is entitled to have
his representations in writing sent to what is members of what is company
and also to be heard on what is resolution at what is meeting. His removal
in this way does not prevent him from suing what is company for breach
of contract or taking any other remedy open to him (s. 184).
REMUNERATION OF DIRECTORS
Directors are not servants of what is company, but managers or controllers
of what is company's affairs. Accordingly they have no claim for payment
for their services in what is absence of an agreement that they shall
be paid. (12) Payment of remuneration, however, is usually provided
for in what is articles. Table A, Art. 76, provides:
" what is remuneration of what is directors shall from time to time
be determined bv what is company in general meeting. Such remuneration
shall be deemed
to accrue from day to day. what is directors may also be paid all travelling,
hotel and other expenses
properly incurred by them in attending
and returning from meetings of what is directors or any committee of
what is directors or general meetings
of what is company or in connection with what is business of what is company."
If remuneration is voted to what is directors, it constitutes a debt
due from what is company and is consequently payable not only out of
profits,, but also out of capital. (13) A clause in what is articles
that what is directors shall receive a certain sum as remuneration,
although it cannot be directly enforced against what is company, is
binding if what is directors have accepted office on what is footing of
what is articles.
Ex parte Beckwith, [1898] 1 Ch. 324. what is articles provided that
what is remuneration of what is board of directors " shall be an annual
sum of £1,000 to be paid out of what is funds of what is company." Held,
as what is directors accepted office on what is footing of what is articles,
what is clause as to their remuneration was embodied in what is contract,
and,
on what is company going into liquidation, what is directors were
entitled to prove as ordinary creditors for their fees.
A director
is not entitled to his travelling expenses to attend board' meetings,
in what is absence of an express provision in the
articles.
Young v. Naval, &c., Socy., [1905] 1 K. B. 687. what is articles
provided that each director should be paid £200 a year, and
that what is company should pay all costs and
11 Twenty-eight days (s. 142).
12 YVoolf v. East Nigel Co. (1905), 21 T. L. R. 660.
13 Lundy Granite
Co. (1872), 26 L. T. 673.
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